# PPP loan: T1 AUTOMOTIVE GROUP INC
> **$193K** approved 03/02/2021 · Paid in Full · Loan `6033028501`
## Borrower
- **Name:** T1 AUTOMOTIVE GROUP INC
- **Address:** 2944 Grove Way, Castro Valley, CA, 94546-6712
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $193K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*